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Demand for mining equipment has skyrocketed in Russia

Demand for mining equipment has skyrocketed in Russia

HappyCoinNews2024/11/26 05:00
By: HappyCoinNews
BTC+0.18%

In Russia, demand for cryptocurrency mining equipment has sharply increased against the backdrop of rising Bitcoin prices.

In particular, the mining center operator BitRiver reported that in the fourth quarter of this year, demand for orders of computing equipment doubled compared to the third quarter.

Other companies said their customers ordered just 20 to 30 units a week in the third quarter, but demand has grown to 600 units since early November.

In addition, it is noted that the growing demand for cryptocurrency mining equipment against the backdrop of the rally of the first cryptocurrency is causing a shortage in the market and provoking an increase in prices for equipment.

At the moment, the average cost of one unit of computing equipment is no less than 400,000 rubles, and by the end of the year prices may rise even more, experts are sure.

Perhaps due to the adoption of legislation in the area of ​​cryptocurrency regulation and mining in the country, companies and individuals operating in the legal space are trying to acquire as much equipment as possible for mining digital assets.

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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